Global Thermal Imaging Market Expected to Reach USD 6,098.8 Million in 2019: Transparency Market Research

ALBANY, New York, July 16, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Thermal Imaging Market (By Applications - Surveillance and Security, Maintenance and Monitoring, Traffic Monitoring, Healthcare, Automobiles, Research and Development, and Others (Firefighting and Personal Vision); By End-users - Defense and Military, Industrial, Commercial and Residential Sector) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019", the global thermal imaging market is forecast to reach USD 6,098.8 million by 2019. The market growth is driven by emergence of new applications and increased investment on modernization of armed forces across emerging markets.

Browse the full Thermal Imaging Market Report at http://www.transparencymarketresearch.com/thermal-imaging-market.html

Global thermal imaging market was valued at USD 3,192.5 million in 2012 and is expected to grow at a CAGR of 9.76% from 2013 to 2019. Rising penetration of thermal imaging devices in industrial and commercial sector is driving the growth of this market. Industrial sector is using thermal imaging devices for manufacturing process monitoring and to find hot spot in mechanical and electrical installation. Commercial sector is deploying thermal imaging devices for building diagnosis and security of airports and estates etc. In addition, reduction in the price of thermal imaging devices has increased penetration in the residential sector. However, decreasing military spending by major countries such as U.S., Canada, Italy and France are hindering the growth of thermal imaging market.

Among the various end-user segments, defense and military is the largest sector and accounted for 45.04% of market revenue share in 2012. The defense and military sector is expected to dominate the market over forecast period due to the increasing investment by various countries such as China, U.K, Russia and India for upgrade and modernization of armed forces. Thermal imaging devices are widely used in applications such as surveillance and security, maintenance and monitoring, traffic monitoring, healthcare, automobile, research and development, and others (firefighting and personal vision). Surveillance & security and maintenance & monitoring applications are emerging as promising applications for thermal imaging devices. These two segments together accounted for 44.7% of market revenue share in 2012. Demand for surveillance and security is supported by the need to enhance border and commercial security. Commercial security includes security of airports, ports, estates and warehouse.

Browse Press Release of Thermal Imaging Market @ http://www.transparencymarketresearch.com/pressrelease/thermal-imaging-market.htm

Geographically, North America is expected to remain largest market for thermal imaging due to the growth in industrial and commercial sector in the country. North America is anticipated to dominate this market throughout the forecast period due to the increasing use of thermal imaging devices for law enforcement activities. Europe would be the next largest market followed by Asia-Pacific. Countries in Europe and Asia-Pacific are increasing their defense spending, which is expected to drive thermal imaging market in these regions.

Global thermal imaging market was dominated by few existing players in 2012. Renowned players such as FLIR Systems Inc., DRS Technologies Inc., Raytheon Company and BAE Systems Inc. led the global market, and collectively accounted for around 75% of the market in 2012. These players have well-developed resources and network to meet industry demand and to retain pace with the changing technology. In order to increase their market share, key players are reducing their product prices, which is further increasing the competition among the manufacturers.

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This report analyzes the global thermal imaging market in terms of revenue (USD million). The market has been segmented as follows:

Market Segmentation of Global Thermal Imaging Market: 

Thermal Imaging Market, by Applications: 

Surveillance and securityMaintenance and monitoringTraffic monitoringHealthcareAutomobileResearch and developmentOthers (firefighting and personal vision)Thermal Imaging Market, by End-users: 

Defense and military sectorIndustrial sectorCommercial sectorResidential sectorBrowse the full Thermal Imaging Market Report at http://www.transparencymarketresearch.com/thermal-imaging-market.html

Thermal Imaging Market, by Geography: 

North AmericaEuropeAsia PacificRoW (Rest of the World)Browse All Technology & Media Market Research Reports @ http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us  

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Electronic Access Control Systems Market is Expected to Reach USD 31.2 Billion Globally in 2019: Transparency Market Research

ALBANY, New York, July 7, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Electronic Access Control Systems Market Global Forecast, Market Share, Size, Growth and Industry Analysis, 2014 - 2019," the global Electronic Access Control systems market was valued at USD 15,406.1 million in 2013 and is expected to grow at a CAGR of 12.6% from 2014 to 2019, to reach an estimated value of USD 31,187.8 million in 2019.

Browse the full Electronic Access Control Systems Report at http://www.transparencymarketresearch.com/electronic-access-control.html

Rising terrorist attacks, vandalism, and violence in public places such as city centers, educational institutions have made security as one of the major concern for every individual, organizations and government agencies. Advantages such as high accuracy, convenience, and time efficiency of Electronic Access Control (EAC) systems increase its attractiveness in the global security market. Need for better security system to tackle fraudulence, illegal immigration, and criminal activities have prompted the government to invest in better security systems among which EAC systems hold a major market. According to Study of Terrorism and Responses to Terrorism (START), one of the world's top terrorism trackers, 2012 witnessed 69% rise in terror attacks and 89% increase in fatalities caused by them over 2011. Increasing crime and terror attacks demand high end security.

EAC system offers certain advantages such as high accuracy, convenience, and time efficiency over other security products, which increases its attractiveness in the global security market. Governments and private sectors across the globe are investing in better infrastructure facilities. Construction of roads, residential buildings, healthcare centers and educational institutes is further expected to increase demand for EAC systems in order to attain better security levels. Advancement of mobile devices and sensor technologies is currently generating a shift toward biometrics system. EAC system is majorly divided into three major technologies, authentication system (biometric and card based authentication system), intruder alarm system and perimeter security system (free standing, buried cable and fence mounted security system).

The global market for EAC system in value term grew from USD 10.1 billion in 2009 to USD 15.4 billion in 2013, and is expected to grow to USD 31.2 billion in 2019 growing at a CAGR of 12.6%. The authentication system (largest market in 2013) increased by 13.1% CAGR during 2009-2013 to reach USD 11.7 billion in 2013. The Asia-Pacific EAC systems market is expected to record the highest CAGR growth of 16.7% to reach USD 9.6 billion in 2019. Usage of EAC system in commercial sector (largest end-user in 2013) increased by 13.9% CAGR during 2009-2013 to reach USD 4.6 billion in 2013. EAC systems market is fragmented with several players operating at global or regional level.

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EAC systems are the most used security systems across the globe due to reliability and authenticity. The major end-users of EAC systems is the commercial sector followed by government and industrial sector. Most of the companies produce different types of EAC system products such as authentication systems (biometric and card based authentication systems), intruder alarm systems and perimeter security systems (free standing, buried cable and fence mounted security systems). Major companies operating globally and providing products under all categories of EAC systems are United Technologies Corporation, Tyco International Ltd., Godrej Industries Limited, and Cisco Systems, Inc. Regional companies such as Everspring Industry Co., Ltd., DigitalPersona, Inc. and Linear LLC operate with one specialized EAC system product.

The EAC system market is segmented as follows:

EAC system Market, by Process Segment 

Authentication systemBiometric system Fingerprint recognitionFace recognitionIris recognitionPalm recognitionVoice recognitionSignature recognitionVein recognitionAutomated Fingerprint Identification System /Live ScanCard based authentication system Intruder alarm systemPerimeter security systemFree standing perimeter securityBuried perimeter securityBrowse the full Electronic Access Control Systems Report at http://www.transparencymarketresearch.com/electronic-access-control.html

EAC system Market, by Region 

North AmericaEuropeAsia PacificRest of the World (ROW)The EAC system market for each region includes:

Market Overview  Market Size, by process and application, by value (Historic and Forecast)Browse All Consumer Goods Market Research Reports @ http://www.transparencymarketresearch.com/consumer-goods-market-reports-7.html

About Us 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Contact
Ms. Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
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Global Biometrics Technology Market (Face, Hand Geometry, Voice, Signature, Iris, AFIS, Non-AFIS and Others) is Expected to Exceed USD 23 Billion by 2019: Transparency Market Research

ALBANY, New York, April 24, 2014 /PRNewswire/ --

According to a new market report published by Transparency Market Research "Biometrics Technology (Face, Hand geometry, Voice, Signature, Iris, AFIS, Non-AFIS and Others) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market is expected to reach a value of USD 23.3 billion by 2019, at a CAGR of 20.8% from 2013 to 2019.

Increasing security concerns due to the rising terror attacks and crimes have created a need for high level security. In addition, the rising government initiatives such as e-passport, national identification programs etc. and various border control projects such as European Dactyloscopy (EURODAC), Visa Information Systems (VIS) and new generation Schengen Information System (SIS II) have helped to boost the biometrics technology market. However, privacy concerns and high cost of biometrics system may hinder the growth of this market. Furthermore, increasing usage of multimodal biometrics to enhance the security level is expected to create huge opportunities for this market in the upcoming years.

Browse the full report at with complete TOC http://www.transparencymarketresearch.com/biometrics-technology-market.html

By application type, the non-AFIS biometrics systems accounted for largest revenue share of 41.40% of the overall biometrics technology market in 2012. With the advancements in technology, silicon sensor prices used for fingerprint recognition have fallen considerably. Such enduring advancements have made the sensors more efficient and have resulted in lowering the production costs and expanding their application in broader range of devices. As a result, non-AFIS systems have become cost effective as compared to the earlier ones. In addition, due to their user friendliness, they are largely deployed in smart phones and laptops. Iris recognition segment is expected to grow at the highest CAGR of 28.6% by 2019. This is due to high accuracy level and stability possessed by iris.

In case of end use segment, transport/visa/logistics and government segments together accounted for more than 50% of the overall biometrics technology market in 2012. This was due to the increasing need for examining the traveler's credentials. As a result, this end use segment is expected to dominate the other end use segments by 2019. With the increasing usage of internet banking for transactions, biometrics technology is largely being deployed in the banking and finance sector. Hence, this end use segment is expected to grow at the highest CAGR during forecast period.

North America accounted for 32.1% of the overall revenue share in 2012. This region is anticipated to uphold its dominating share throughout the forecast period. Asia Pacific is expected to grow at the fastest CAGR of 22.0% from 2013 to 2019. With numerous evolving economies in this region including India, China, Australia and Japan among others, there is a strong necessity for building infrastructure in terms of border security and national identification. Hence, the Asia Pacific biometrics technology market is expected to witness a faster growth as compared to Europe, the Middle East and North America.

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Global biometrics technology market consists of large numbers of domestic and multinational distinguished players. In 2012, the global biometrics industry was dominated by Morpho SA (Safran) with 19.0% of the market share. Some of the other leading players include 3M Cogent, NEC Corporation, DigitalPersona and Accu-Time Systems among others.

The global biometrics technology market is segmented as below: 

By Application Type

FaceHand geometryVoiceSignatureIrisAFISNon-AFISOthers(DNA, typing rhythms)Browse the full report at with complete TOC http://www.transparencymarketresearch.com/biometrics-technology-market.html

By End Users

GovernmentDefense ServicesBanking and FinanceConsumer ElectronicsHealthcareHome Safety & SecurityCommercial Safety & SecurityTransport/Visa/LogisticsOthers (Retail, hospitality, gaming and automobile)By Region

North AmericaEuropeAsia PacificRoWBrowse Technology & Media Market Research Reports @ http://www.transparencymarketresearch.com/technology-market-reports-8.html

About Us 

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers, and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

Contact
Sheela AK
90 Sate Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
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